Why QuantumScape (QS) Is Down 7.3% After Announcing New Automotive Partnerships and Expanded VW Collaboration
YahooSimply Wall St
Why QuantumScape (QS) Is Down 7.3% After Announcing New Automotive Partnerships and Expanded VW Collaboration
QuantumScape announced an expanded collaboration with PowerCo, Volkswagen’s battery subsidiary, which includes up to US$131 million in milestone payments, and revealed a new joint development agreement with another major global automotive OEM. This move marks a significant step toward broadening QuantumScape’s commercial relationships and ...
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